Taxes Archive

According to the most recent public data from the IRS, there were about 144 million[1] US tax filers in 2010. In the same year, the US resident population was 309 million[2] and the number of households was estimated to...

The majority of REALTORS® continued to report rising home prices and improving days on the market. However, REALTORS® reported that the market remains hampered by a “demanding and rigid loan qualification process” that has made mortgage underwriting “a nightmare” ...

The sharp increase in demand for housing has led to an equally strong decline in the inventory of homes for sale. Tight supplies have led to home price appreciation and pockets of new construction. Furthermore, with roughly 11 million homeowners...

As part of the health care legislation, a new 3.8 percent tax will be imposed on some people starting in 2013. Contrary to rumors among some real estate practitioners, this is not a tax on the sale of a...